Blockchain Metaverse Startups: Unparalleled Investment Potential

Blockchain Metaverse Startups: Unparalleled Investment Potential

Facebook
Twitter
LinkedIn

[ad_1]

The popular science fiction writer Neal Stephenson coined the term “meta universe” in his first best-selling and breakthrough novel in 1992. avalanche. Now this concept is becoming a reality, and more importantly, you can invest in the meta universe.exist Ready player one, OASIS is another example of advanced virtual reality. Many other science fiction writers, such as Ian M Banks, have created and used similar concepts in their novels.

Back in September, Facebook CEO Mark Zuckerberg was obviously interested in advancing the meta-universe.In the recent earnings conference call, Facebook made it clear that they hope to unify the community, creators and e-commerce in the meta universe with Zuckerberg Say:

“Our primary goal in all these initiatives is to help bring the meta-universe to life.”

Just last week Facebook changes its name to Meta And announced a plan to develop “Metaworld”.

How big can the meta universe be?

There are already many well-known names that have made a lot of money in this field, such as Roblox and Fortnite. These are complete virtual reality worlds in which users exist through avatars. Less well-known examples of virtual reality include Decentraland, Upland and Sandbox, as well as another upcoming platform, Victoria VR.

From an investment perspective, we can confidently say that this explosive growth of virtual reality and meta-universe is comparable to the Internet boom of the late 1990s. What we are witnessing is that the next stage of the Internet is being created, and the meta-universe may surpass and replace the existing network.

related: New industry, new rules: build Metaverse without prejudice

Some companies in this field (such as Fortnite) have been able to sustain growth until they keep pace with Facebook, Google, Amazon and other technology giants. Epic Games, the creator of Fortnite, recently raised $1 billion, and Sony invested $200 million in this round of financing. Facebook is investing a lot of resources and funds for a new workplace called Horizon and a prototype Metaverse VR platform.

Brands are also placing big bets on virtual reality.Part of the brand Already sold directly to the avatar (D2A) or Gucci Sell A virtual package that is more expensive than the real package.Nike Sell Virtual Jordan in Fortnite and Coca-Cola Start selling virtual wearable devices In Decentraland.

Bloomberg has estimated The size of the Yuanjie market is worth 800 billion U.S. dollars. Even if this is in the formative stage, savvy crypto investors can contribute to the growth of Metaverse and the token trading of high-growth startups.

Therefore, many smart investors are betting that this boom in virtual reality will accelerate further. One day-perhaps in the next five years-there will be a virtual reality platform comparable to major social networks.

How do you invest in Meta universe?

Cryptocurrency has become part of these virtual realities, and various platforms accept encryption as a payment option for virtual goods, including VR-based real estate. Gamers in Decentraland and The Sandbox can create virtual businesses, such as casinos and theme parks, and then monetize them.

When it comes to crypto investors who have benefited from this trend, some hard work has already been done. Matthew Ball, the futurist and founder of Roundhill Investments, and Jacob Navok, CEO of Genvid Technologies, recently registered this Metaverse ETF.

related: Metaverse: Will it be a decentralized safe haven or a centralized tyranny?

Metaverse ETF is an exchange-traded fund (ETF) that operates in a similar manner to the stock market, except for its crypto-based investment in Metaverse. It is a collection of investments in a series of companies-called an index-allowing investors to enter a wide range of Metaverse markets.

Currently, Metaverse ETF has a median market value of US$74 billion, with investments in 41 companies (shareholdings) in 8 countries. This includes investments in infrastructure companies such as Cloudflare and Nvidia, game engines such as Unity and Roblox, and metaverse content pioneers such as Tencent, Sea and Snap.

Since the index is sold through the New York Stock Exchange (NYSE), it only includes public companies and does not include private companies. This means that if you wish to invest at an earlier stage, cryptocurrencies and other investors need to find other places to get a little closer to the action.

For early investment, the best option will be the encryption field. Game, hardware and content creation companies will launch initial coin offering (ICO) and initial DEX offering (IDO) token sales, which means investors can join long before these companies go public.

related: Science fiction or blockchain reality?Can build “Ready Player One” oasis

When we consider the total addressable size of this market—including core growth components such as creators, hardware, advertising, and e-commerce—it may be worth more than $1 trillion. When we also consider the current importance of the Internet to daily life, this is what Metaverse can become in a shorter period of time. As an investment opportunity, Metaverse, especially companies in the ICO and IDO stages, have unparalleled upside potential. Of course, the premise is that you choose wisely.

We are witnessing and participating in some exciting things. The Internet and the way we experience reality will no longer be the same, because the accelerated expansion of meta-universe and virtual reality has brought many benefits.

This article does not contain investment advice or recommendations. Every investment and trading action involves risks, and readers should research on their own when making a decision.

The views, thoughts, and opinions expressed here are only those of the author, and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Johnny Lu He is the CEO of KuCoin, a cryptocurrency exchange launched in 2017. Before joining KuCoin, he has accumulated extensive experience in the e-commerce, automotive and luxury industries.